Jason R. Belcher Sells 6,384 Shares of First Community Bankshares, Inc. (NASDAQ:FCBC) Stock

First Community Bankshares, Inc. (NASDAQ:FCBC) SVP Jason R. Belcher sold 6,384 shares of First Community Bankshares stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $46.49, for a total transaction of $296,792.16. Following the transaction, the senior vice president now owns 15,317 shares of the company’s stock, valued at $712,087.33. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

First Community Bankshares Stock Performance

FCBC stock opened at $46.48 on Thursday. The firm has a 50 day moving average price of $43.12 and a 200-day moving average price of $39.80. First Community Bankshares, Inc. has a 52-week low of $31.00 and a 52-week high of $49.02. The firm has a market capitalization of $850.12 million, a price-to-earnings ratio of 16.66 and a beta of 0.52.

First Community Bankshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Friday, November 8th will be issued a dividend of $0.31 per share. The ex-dividend date is Friday, November 8th. This represents a $1.24 annualized dividend and a dividend yield of 2.67%. First Community Bankshares’s payout ratio is 44.44%.

Hedge Funds Weigh In On First Community Bankshares

Several large investors have recently made changes to their positions in FCBC. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of First Community Bankshares by 14.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,947 shares of the bank’s stock valued at $109,000 after purchasing an additional 361 shares during the last quarter. SG Americas Securities LLC increased its position in shares of First Community Bankshares by 80.5% during the third quarter. SG Americas Securities LLC now owns 6,076 shares of the bank’s stock valued at $262,000 after acquiring an additional 2,710 shares in the last quarter. AQR Capital Management LLC bought a new stake in shares of First Community Bankshares during the second quarter valued at approximately $297,000. Creative Planning bought a new stake in shares of First Community Bankshares during the third quarter valued at approximately $367,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of First Community Bankshares during the third quarter valued at approximately $372,000. 34.95% of the stock is currently owned by hedge funds and other institutional investors.

First Community Bankshares Company Profile

First Community Bankshares, Inc operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement plans; and commercial, consumer real estate, and consumer and other loans.